Julie A. Vetalice, Author at ORTHOWORLD

FDA Clearance Achieved for Next Generation of intellijoint HIP

Intellijoint Surgical received FDA 510(k) clearance to market the next-generation intellijioint HIP™ surgical smart tool, now including cup position (inclination and anteversion).

Jan 07, 2016

Vexim Hits Milestone, 25,000 SpineJack Units Sold

ORTHOFLASH Spine

Vexim achieved a milestone of 25,000 SpineJack® units sold since market launch in 2011.

Jan 07, 2016

MEDTECH Receives FDA Clearance for ROSA Spine Robot

ORTHOFLASH Robotics/Tech

MEDTECH received FDA 510(k) clearance to market the ROSA™ Spine robot assistive system for use in minimally invasive surgical procedures.

Jan 06, 2016

Benvenue Medical Secures $60 Million Financing

Investments The Numbers

Benvenue Medical completed a US $60MM financing round. Proceeds will support U.S. commercialization of the Luna® 3D Interbody Fusion and the Kiva® Vertebral Compression Fracture Treatment systems.

Jan 06, 2016

Vivex Biomedical Raised $6.6MM in Series A Funding

Investments The Numbers

Vivex Biomedical raised US $6.6MM of a potential $10MM offering of Series A Convertible Preferred Stock.

Jan 06, 2016

NuVasive to Acquire Ellipse Technologies

Competitive Landscape Mergers & Acquisitions

NuVasive entered into a definitive agreement to acquire Ellipse Technologies for US $380MM in cash, with a potential $30MM milestone payable in 2017. The transaction is slated to close in mid-1Q16. Ellipse posted 2015 revenue of ~$40MM, +54% vs. 2014.

Jan 05, 2016

First Spinal Fusion with Single-Step Insertion of DSG Technology-Enabled Screws

ORTHOFLASH Spine

SpineGuard announced the world’s 1st spinal fusion procedure performed with 1-step insertion of pedicle screws guided by Dynamic Surgical Guidance or DSG™ technology.

Jan 05, 2016

Agent Medical Launches ArthroBridge and ArthroMate Lower Extremity Products

ORTHOFLASH Trauma

Agent Medical launched ArthroBridge™, an implant for the treatment of hammertoes, and the ArthroMate™ rasp designed for rear foot fusion procedures.

Jan 05, 2016

Bone Therapeutics Granted Additional EUR 2MM in Funding

Investments The Numbers

Bone Therapeutics was granted an additional 2MM (~US $2.15MM) in non-dilutive funding, bringing the total non-dilutive funding received within 2015 to 5MM.

Jan 05, 2016

Smith+Nephew Completes Acquisition of Blue Belt Technologies

Competitive Landscape Mergers & Acquisitions

Smith+Nephew completed its acquisition of Blue Belt Technologies, developer of the Navio surgical robotics-assistance system for unicondylar knee replacement.

Jan 05, 2016

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